4202 Stephanie Ln · Jonesboro, AR 72405

$309,900

4 bd · 3.0 ba · 2,638 sqft · SingleFamily public records · 10 Days on market

Built 1998 0.29 ac lot $117/sqft · 5% below area Est $327k · 5% under

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +9.9/15.0
• Appreciation +9.7/10.0
• Cash flow +7.4/30.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.9/10.0
• DSCR +1.6/10.0
• 1% rule +1.3/10.0

Listing remarks

A classic brick exterior and an updated interior make this the perfect balance of charm and functionality. 4202 Stephanie Lane is a traditional two-story home with timeless curb appeal on a corner lot with a fenced backyard. Inside, you'll find pine hardwood floors, fresh paint, and an inviting 4-bedroom, 3-bathroom layout. The kitchen, updated in 2025, features new countertops, painted cabinetry, a tile backsplash, and updated fixtures. Smart thermostats help keep the home energy efficient, and fresh lighting and updates throughout add a modern touch. Outside, the home has been well maintained with newer gutters, and nice landscaping including knockout roses in full bloom! An air-condition

Key facts

• Brick exterior
• Updated interior
• Updated kitchen

Tags

• BRICK EXTERIOR
• UPDATED INTERIOR
• CORNER LOT
• FENCED BACKYARD
• PINE HARDWOOD FLOORS
• UPDATED KITCHEN

Property features AI

Finance

• Other: Approx. lot size: 0.29 acre; Approx. living area reported as 2,638 (source: courthouse/tax records)
• Financial info: Financing accepted: VA, FHA, Conventional, or Cash

Exterior

• Parking: Side-entry 2-car garage
• Security: Video surveillance
• Utilities: Public sewer; Public water; Municipal electric (Entergy); Natural gas
• Home design: Single-family residence
• Construction: Composition roof with architectural shingles; Slab foundation
• Exterior features: Brick exterior; Deck; Fully fenced yard with wood fence; Guttering; Paved road access; Level, corner lot in a subdivision; Inside city limits

Interior

• Kitchen: Electric range; Dishwasher; Disposal; Pantry
• Flooring: Carpet; Wood; Tile
• Bathrooms: 3 full bathrooms
• Heating & cooling: Central heat (natural gas); Central cooling (electric); Programmable thermostat; Other heating/cooling details (see remarks)
• Interior features: Washer and dryer connections (electric dryer); Electric water heater; Whirlpool/Hot Tub/Spa; Ceiling fans; Walk-in shower; Breakfast bar; Wired for high-speed internet; Video surveillance; Kitchen countertops are quartz; Sheetrock walls/ceilings; Gas log fireplace
• Laundry & utility: Laundry room; Washer connection; Dryer connection (electric)

What this means for you Summary

Snapshot

• This is a 4-bed/3.0-bath single-family listed at $310k.

Deal economics

• At list price, monthly cash flow is $-394 ($-5k/yr) — negative.
• To cash-flow at today's rent, offer at most $240k (22.5% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $194k (37.4% below list).
• Recommended offer: $194k (37.4% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 65/100 on livability (#145 in AR) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime F, amenities F, commute F.
• Nettleton School District (urban): math 21% / reading 24% proficiency, ranked #199 of 238 in AR (top 84%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Nettleton Steam School (math 33% / reading 26%, grade F, #305 of 454 statewide, top 71%, 324 students, 100% FRL); Nettleton High School (math 11% / reading 27%, grade F, #248 of 292 statewide, top 86%, 981 students, 68% FRL) — zoned schools average 84% FRL vs 56% district-wide (28 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 152 active listings in the ZIP; solid renter incomes; 926 units permitted in Craighead County in 2024 (69 in 5+ unit buildings).

Forward outlook

• In year one you build about $31k of equity ($2k loan paydown + $29k appreciation (9.4% local appreciation)).
• Craighead County population projected at +38% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 2, paydown + projected appreciation supports a ~$50k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 10 days on market — expect competitive offers; lowballing is unlikely to land.
• 9 sale attempts since 6y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $238k; 30% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $193,958 (37.4% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.63% ✗
• Cap rate: 4.77%
• Cash-on-cash: -5.45%
• DSCR: 0.76
• GRM: 13.3

CMA / ARV

• ARV (median comp): $327,324
• List price: $309,900
• Delta: -5.32%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
615 Prospect Valley Drive Dr	0.18mi	4/3.5	2,708 (+3%)	11mo	$419,900	$155	76
801 Cypress Knee Cv	0.19mi	5/2.5 (+1)	2,750 (+4%)	11mo	$325,000	$118	68
607 Prospect Valley Dr	0.20mi	5/3.0 (+1)	2,920 (+11%)	1mo	$372,900	$128	67
611 Prospect Valley Dr	0.19mi	4/4.0	2,817 (+7%)	12mo	$408,500	$145	66
4001 Stoke Dr	0.22mi	4/3.0	2,300 (-13%)	8mo	$345,000	$150	61
4001 Stoke	0.23mi	4/3.0	2,300 (-13%)	8mo	$345,000	$150	61
616 Purton Cv	0.19mi	4/4.0	2,840 (+8%)	17mo	$372,000	$131	61
3804 Burdyshaw Dr	0.34mi	4/3.0	2,450 (-7%)	16mo	$240,000	$98	59
4121 Stephanie Ln	0.10mi	3/2.0 (-1)	2,312 (-12%)	10mo	$323,000	$140	57
312 Marzee Ann Dr	0.73mi	4/3.0	2,768 (+5%)	1mo	$310,000	$112	57
905 Cypress Knoll Dr	0.22mi	4/3.0	3,000 (+14%)	16mo	$440,000	$147	54
3105 Maplewood Ter	0.45mi	3/2.5 (-1)	2,280 (-14%)	10mo	$235,500	$103	41

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

9.42% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 19.1%
• Equity multiple: 2.51×
• Total profit: $131,350
• Equity at exit: $266,162

10-year hold

• IRR: 17.7%
• Equity multiple: 5.65×
• Total profit: $403,462
• Equity at exit: $560,677

Cash invested: $86,772 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 92 Strongly Landlord-Friendly
• State Arkansas: 92 Strongly Landlord-Friendly · R+14
• County: — inherits STATE
• City: — inherits STATE

Only US state where non-payment is criminal. Strongly landlord-favorable; very few tenant protections.

Methodology + full state rankings →

ZIP-level market 72405

• Home prices YoY: 3.5%
• Active inventory: 152
• Price-to-rent: 13.3×

Monthly cashflow live

• Estimated rent: $1,940 medium
• Mortgage (P&I): −$1,625
• Tax from tax record: −$172 /mo · $2,063/yr
• Insurance: −$129
• HOA: −$0
• Vacancy / Maint / Mgmt: −$407
• Net cashflow: $-394

Break-even live

Break-even rent $2,438

Max offer price $240,316

Occupancy floor —

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $77,475
• Closing costs: $9,297
• Reserves months: —
• Total cash needed: —

Listing history 25 events

1. 2026-05-18
   status Under Contract 1005-char remark
2. 2026-05-08
   listed $309,900 New Listing 1005-char remark
3. 2026-05-08
   historical
4. 2026-03-31
   price $315,000
5. 2026-03-30
   price $315,000
6. 2026-03-28
   status Active
7. 2026-03-28
   status Back on Market
8. 2026-03-12
   historical
9. 2026-03-12
   status Under Contract
10. 2026-03-02
    status Active
11. 2026-03-02
    status Back on Market
12. 2026-03-01
    historical Take Backups
13. 2026-01-21
    historical
14. 2026-01-21
    status Under Contract
15. 2026-01-06
    price $324,900
16. 2026-01-06
    price $324,900
17. 2025-11-07
    listed $334,900 New Listing
18. 2025-11-07
    listed $334,900 Active
19. 2025-07-17
    historical
20. 2025-07-16
    price $349,000
21. 2025-06-23
    listed $359,000 New Listing
22. 2020-11-19
    soldstatus $238,000
23. 2020-11-10
    soldstatus $238,000
24. 2020-08-31
    listed $245,000
25. 1998-03-02
    soldstatus $166,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast AR · Resets to sale price

• Current annual tax: $2,063 · $172/mo
• Projected year-2 tax: $2,063 · $172/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥108°F today · 22 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 8% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,275
• − Mortgage interest: −$17,359
• − Property taxes: −$2,063
• − Insurance: −$1,550
• − Repairs & maintenance: −$1,862
• − Management: −$1,862
• − Depreciation: −$9,015
• Taxable loss: −$10,436
• Est. tax savings @ 24.0%: +$2,505
• After-tax cash flow: $-2,222/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Nettleton School District
• NCES district ID: 0510440
• Math proficiency: 21% ▼ -16.00%
• Reading proficiency: 24% ▼ -12.00%
• Median HH income: $39,754
• Composite: 19.0/100
• National rank: #8846
• State rank: #199 of 238 in AR

Livability — Jonesboro

• Score: 65/100
• State rank: #145
• US rank: #12692

Category grades

Amenities F Commute F Cost of living A+ Crime F Employment D- Housing A+ Health & safety A+ User ratings D+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Jonesboro, AR
• County: Craighead County · 97,185 people
• City population: 91,245
• Metro: Jonesboro, AR
• Population (ZIP): 18,675
• Household income: $92,440
• Rent vs Own: 27.1% rent · 72.9% own
• Severe rent burden: 443.0

Population outlook (Craighead County) Hauer SSP2

• Today (2025): 122,235 people
• By 2030: 131,338 · +7.4%
• By 2040: 149,862 · +22.6%
• By 2050: 168,034 · +37.5%
• By 2075: 208,094 · +70.2%
• By 2100: 233,251 · +90.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (78%)
• Race & ethnicity: White 78% Two or more races 10% Black 9% Hispanic / Latino 3% Asian 1%
• Common ancestry: Slovak 2% Italian 1% Serbian 1%
• Foreign-born: 4% · Canada
• Languages at home: 93% English-only · Spanish 4% Arabic 1%

Political lean MEDSL · Craighead

• 2024 margin: Solid R (+37.4) · D 30.1% · R 67.5% · Other 2.4%
• 2008→2024 swing: -12.9pp toward R · 2008: -24.5pp · 2024: -37.4pp
• All cycles: 2024: R+37.4 2020: R+35.4 2016: R+35.2 2012: R+31.1 2008: R+24.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 9.42%
• Current HPI: 277.37
• Rent YoY: —
• Metro: Jonesboro, AR
• State GDP YoY: ▲ 3.80%
• F500 in state: 10

Industry mix (Fortune 500 HQ in AR)

Industry	F500 HQs	Revenue
▸Retail	1	$681B
▸Food / Agriculture	1	$53B
▸Retail / Energy	1	$22B
▸Transportation / Logistics	1	$12B
▸Energy	1	$4B

Price history

+86.7% since first listed

25 events — show timeline

• 2026-05-18 Pending — CARMLS
• 2026-05-08 Listed $309,900 CARMLS
• 2026-05-08 Listing Removed — CARMLS
• 2026-03-31 Price Changed $315,000 CARMLS
• 2026-03-30 Price Changed $315,000 NEABOR MLS
• 2026-03-28 Relisted — NEABOR MLS
• 2026-03-28 Relisted — CARMLS
• 2026-03-12 Delisted — NEABOR MLS
• 2026-03-12 Pending — CARMLS
• 2026-03-02 Relisted — NEABOR MLS
• 2026-03-02 Relisted — CARMLS
• 2026-03-01 Contingent — CARMLS
• 2026-01-21 Delisted — NEABOR MLS
• 2026-01-21 Pending — CARMLS
• 2026-01-06 Price Changed $324,900 CARMLS
• 2026-01-06 Price Changed $324,900 NEABOR MLS
• 2025-11-07 Listed $334,900 NEABOR MLS
• 2025-11-07 Listed $334,900 CARMLS
• 2025-07-17 Listing Removed — CARMLS
• 2025-07-16 Price Changed $349,000 CARMLS
• 2025-06-23 Listed $359,000 CARMLS
• 2020-11-19 Sold (Public Records) $238,000 Public Records
• 2020-11-10 Sold (MLS) $238,000 NEABOR MLS
• 2020-08-31 Listed $245,000 NEABOR MLS
• 1998-03-02 Sold (Public Records) $166,000 Public Records

Property tax history

+1.6%/yr

Latest (2025): $2,063 · +7.7% YoY. Source: county tax records.